Photo: Mercedes-Benz The depreciation of electric vehicles is far steeper than data showed just last year. EVs can now lose up to half their value over a single year, based on recent observations. This is a sharp shift from when electric cars were projected in December 2023 to lose half their value in three years. … Read more
Volvo has released pricing for its next EV, the 2024 EX90 SUV that will take the place of the gas-powered XC90 in the lineup. While it’s not cheap, its $77,990 starting price — which includes the $1,295 destination charge — undercuts many competitors and isn’t that much more than the existing XC90 plug-in hybrid. 2023 … Read more
Mercedes hasn’t been the loudest automaker to make the switch to electric cars, but that doesn’t mean it hasn’t been making some interesting moves into the battery-powered space. The German automaker has a range of electric sedans and SUVs out prowling the streets of America, and I’m about to test one out. According to Bob: … Read more